The BTC/USDC 1-hour chart suggests a market trying to recover from a sharp drop. After touching a low near 102,765, price bounced and is now attempting to stabilize just above 104,700. Volume has cooled down, but indicators like RSI and StochRSI are turning upward, showing renewed short-term interest. MACD is still negative but narrowing, which hints that the selling pressure may be fading.
Money flow shows more BTC buying than selling in the last 24 hours, but the overall balance remains fragile. Right now, it looks less like a strong reversal and more like cautious recalibration.
